About Us: History

Celebrating 75 Years:

How PacificSource is addressing cost issues

PacificSource certainly doesn’t have all the answers to the problem of rising healthcare costs, but we are deeply concerned. The issue doesn’t just affect us as a business—it touches us as healthcare consumers and as members of the community.

While most of the healthcare cost drivers are beyond our direct control as an insurer, we are constantly working to impact these areas wherever possible.

We are active in the legislative arena, advocating for fiscally responsible government policies that will ultimately provide everyone with better access to medically necessary healthcare.
We partner with healthcare professionals and facilities to negotiate the most competitive reimbursement rates possible.
Our internal audit system and technology solutions combat fraud and abuse, and we diligently investigate any suspicious claims.
Our administrative expenses remain among the lowest of any of our competitors because of our commitment to process and quality improvement.
We assist our covered employers in implementing workplace wellness programs to foster healthy behaviors.

In addition, we actively work to increase healthcare access in the communities we serve. Our Charitable Trust has assisted thousands of people through community grants, awards, and scholarships. Recipients have included public school health centers, community health clinics, programs providing health coverage to children of low-income families, and other initiatives aimed at broadening access to healthcare services.

Seventy-five years after PacificSource was founded, we face even greater pressure to manage escalating costs and provide greater accessibility to care. While the state of healthcare and health insurance is undeniably more complicated today, we’ve stayed true to what our founders set out to do: to help make healthcare affordable and accessible.

Sources: BookRags History Guide – “America 1930-1939: Medicine and Health”; Melissa Thomasson, “Health Insurance in the United States,” EH.net Encyclopedia; The Pharmaceutical Century - ACS Publications; U.S. Department of Energy Office of Science, Office of Biological and Environmental Research; American Cancer Society; Cell (November 30, 2007); Centers for Disease Control and Prevention, National Center for Health Statistics; U.S. Census; Nobel Foundation, nobelprize.org; Frederick L. Collins, "The High Cost of Being Sick," Ladies' Home Journal (October 1930); “History of Dentistry,” American Dental Association; “New Nanocomposites May Mean More Durable Tooth Fillings,” ScienceDaily (April 30, 2007); National Institute of Mental Health (NIMH); Archives of General Psychiatry (June 2005); PBS.org – “A Brilliant Madness,” Timeline.